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Nights Stay Hotel 1021 S Garnett Rd 40 Room Hotel Tulsa, OK 74128 $1,450,000 ($36,250/Room)



Investment Highlights
- Building exterior recently painted with a newly installed parking lot.
- Convenient access to Interstate 244 and U.S. Route 64 for regional connectivity.
- Located near retail and service amenities that support guest demand.
- Established 40-room hospitality property on a 2.78-acre site in east Tulsa.
- Includes 44 on-site parking spaces with exterior corridor design for guest convenience.
Executive Summary
This offering presents an established hospitality property positioned on a sizable 2.78-acre site in Tulsa, Oklahoma. Operating as Nights Stay Hotel, the two-story building encompasses 40 guest rooms and includes exterior corridor entrances for convenient vehicle-to-room access. The building exterior has recently been painted, and a new parking lot enhances the visual appeal and functionality for guests.
Located along South Garnett Road, the property benefits from close proximity to major thoroughfares, including quick links to Interstate 244 and U.S. Route 64, ensuring easy regional connectivity for transient guests and long-term travelers. The site also offers convenient access to local retail, dining, and service options, adding consumer conveniences that drive consistent room demand.
The parcel includes surface parking for approximately 44 vehicles with a ratio of 3.66 per 1,000 SF, enhancing operational efficiency for hotel guests. Zoned CS (Commercial Shopping), the property’s underlying zoning supports a range of commercial uses, creating potential for redevelopment or repositioning. Offered as an investment sale with business value included, this opportunity combines immediate operational income with longer-term upside in a growing Tulsa market.
Located along South Garnett Road, the property benefits from close proximity to major thoroughfares, including quick links to Interstate 244 and U.S. Route 64, ensuring easy regional connectivity for transient guests and long-term travelers. The site also offers convenient access to local retail, dining, and service options, adding consumer conveniences that drive consistent room demand.
The parcel includes surface parking for approximately 44 vehicles with a ratio of 3.66 per 1,000 SF, enhancing operational efficiency for hotel guests. Zoned CS (Commercial Shopping), the property’s underlying zoning supports a range of commercial uses, creating potential for redevelopment or repositioning. Offered as an investment sale with business value included, this opportunity combines immediate operational income with longer-term upside in a growing Tulsa market.
Property Facts
| Price | $1,450,000 | Lot Size | 2.78 AC |
| Price Per Room | $36,250 | Building Size | 12,000 SF |
| Sale Type | Investment | No. Rooms | 40 |
| Sale Condition | Business Value Included | No. Stories | 2 |
| Property Type | Hospitality | Year Built | 1982 |
| Property Subtype | Hotel | Parking Ratio | 3.66/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Zoning | CS - Commercial Shopping | ||
| Price | $1,450,000 |
| Price Per Room | $36,250 |
| Sale Type | Investment |
| Sale Condition | Business Value Included |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 2.78 AC |
| Building Size | 12,000 SF |
| No. Rooms | 40 |
| No. Stories | 2 |
| Year Built | 1982 |
| Parking Ratio | 3.66/1,000 SF |
| Corridor | Exterior |
| Zoning | CS - Commercial Shopping |
Amenities
- Public Access Wifi
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 40 | $44.00 | - |
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $181,708 | |
| Land Assessment | $17,368 | Total Assessment | $199,076 |
Property Taxes
Parcel Numbers
Land Assessment
$17,368
Improvements Assessment
$181,708
Total Assessment
$199,076
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Nights Stay Hotel | 1021 S Garnett Rd

